Machine, equipment imports continue upward trend

VOV.VN - Machines, equipment and tools topped the list of imported product groups in the first 11 months of 2017 with a value of US$30.74 billion, accounting for 16% of the country’s total imports (up 20.7% comparing to the same period of the previous year).

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According to the General Department of Vietnam Customs, China was the biggest exporter with a value of US$9.95 billion (up 20%), trailed by the Republic of Korea with US$8.03 billion (up 55%),  Japan with US$3.84 billion (up 1%) and the EU with US$3.12 billion (up 7.5%).

Vietnam also imported machines and equipment from Taiwan (up 3.8% to US$1.23 billion), Germany (up 0.04% to US$1.21 billion), the US (down 7.7% to US$878.22 million) and Thailand (up 17.9% to US$865.49 million).

In general, import turnover in the period increased in almost all markets, particularly South Africa (up 564%), Russia (up 137%), New Zealand (up 70%) and Turkey (up 83%).

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